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UTILITIESAPPROVED

City of Revere Council Meeting Minutes April 27 2026

Revere OKs 20-Year Solar Savings Deal For Low-Income

City of ReverePARALLEL PRODUCTS SOLAR ENERGY LLCApril 27, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The City of Revere approved a 20-year agreement with Parallel Products Solar Energy, LLC to deliver low-income residents approximately $800,000 per year in electricity bill credits through the Revere Power Choice program. The City assumes no direct financial liability, serving primarily to administer eligibility and ensure credits are applied.

Contract Details

Vendor

PARALLEL PRODUCTS SOLAR ENERGY LLC

Agency

City of Revere, MA

Contract Type

UTILITIES

Document Date

April 27, 2026

Contract Term

20 years

Renewal Info

Initial term of 20 years under the SMART 3.0 program; agreement may terminate if the City exits the municipal aggregation program, with no penalty for opting out.

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